Funding you earn now, next payment 00:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.072%
Price spread now: Binance against BloFin−0.140%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$101as in the Funding arb table
Net, price: spread back to 7d avg − costs−$76as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days−0.387%−$39 on $10k
+Price spread, last 3 days (all we have)+0.168%+$17 · spread now −0.140%, 7d avg −0.005%
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Binance is 0.135% cheaper against BloFin than usual: you would sell low and buy high (−$13 if the spread goes back to its 7-day average of −0.005%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin DEXE-USDT | 1.9360 | 0.0340 | pay 0.0170% / 4h | 1h 20m | $392K | $30K | 20x |
| Short | Binance DEXEUSDT | 1.9333 | 0.0100 | get 0.0050% / 4h | 1h 20m | $7.0M | $8.6M | 20x |
BloFin DEXE-USDT
Binance DEXEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against BloFin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$50.4
- Price spread: −0.140% → −0.005%
- −$13.47
- Slippage, 4 orders
- −$40.19
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$126.06
- Costs to cover
- 0.622%
- Break-even
- never at this rate
Slippage from BloFin: live order book, 60 min ago; Binance: live order book, 4 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BloFin live order book, 60 min ago | 2.58 bp | 18.8 bp −$19 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 2.59 bp | 12.7 bp −$13 | 43.3 bp −$433 | doesn't fit | doesn't fit |
DEXE on 12 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Injective DEXE/USDC PERP | +0.0033% | 1h | 1.8600 | −3.926% | — | $3K | 5.5x | as long as short |
| Aster DEXEUSDT | +0.0100% | 4h | 1.9340 | −0.103% | $171K | $35K | 5x | as long as short |
| Binance DEXEUSDTshort | +0.0100% | 4h | 1.9333 | −0.140% | $7.0M | $8.6M | 20x | |
| Bybit DEXEUSDT | +0.0100% | 4h | 1.9353 | −0.036% | $2.4M | $895K | 20x | as long as short |
| Gate DEXE_USDT | +0.0100% | 4h | 1.9340 | −0.103% | $483K | $778K | 20x | as long as short |
| MEXC DEXE_USDT | +0.0100% | 4h | 1.9340 | −0.103% | $1.8M | $212K | 20x | as long as short |
| Bitget DEXEUSDT | +0.0100% | 4h | 1.9320 | −0.207% | $3.2M | $522K | 10x | as long as short |
| BingX DEXE-USDT | +0.0100% | 4h | 1.9340 | −0.103% | — | $1.8M | — | as long as short |
| Variational Omni DEXE | +0.0100% | 4h | 1.9393 | +0.168% | $35K | $2K | — | as long as short |
| Orderly PERP_DEXE_USDC_mythos | +0.0100% | 4h | 1.9330 | −0.155% | $8K | — | 10x | as long as short |
Injective DEXE/USDC PERP
Aster DEXEUSDT
Bybit DEXEUSDT
Gate DEXE_USDT
MEXC DEXE_USDT
Bitget DEXEUSDT
BingX DEXE-USDT
Variational Omni DEXE
Orderly PERP_DEXE_USDC_mythosShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_DEXEUSD | +0.0235% | 1h | 1.9345 | −0.079% | $43K | $57K | 20x | as long as short |
| BloFin DEXE-USDTlong | +0.0340% | 4h | 1.9360 | long leg | $392K | $30K | 20x |
Kraken Futures PF_DEXEUSD